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Yahoo cyberattack impacts 500 million users; Apple acquires machine-learning startup

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Yahoo cyberattack impacts 500 million users; Apple acquires machine-learning startup

TOP NEWS

* As expected, Yahoo! Inc. confirmed a affecting nearly 500 millionuser accounts. An investigation by the internet company found that astate-sponsored actor breached its network in late 2014 to access user datasuch as names, email addresses, telephone numbers, dates of birth, hashedpasswords and, in some cases, encrypted or unencrypted security questions andanswers, Yahoo said in a newsrelease.

* acquired India-basedmachine-learning startup Tuplejump Software Pvt Ltd., Bloomberg News reports,citing a company spokesman. The iPhone maker, which reportedly bought Tuplejumpin June, also recently acquired machine-learning companies and .

Multichannel

* Comcast Corp. agreed to buy Comcast Spectacor Chairman Ed Snider's 24%stake in Comcast Spectacor following his death. Upon completion of the deal,Comcast will own 100% of Comcast Spectacor, including Wells Fargo Center,Spectra businesses and the National Hockey League's Philadelphia Flyers, thecompany said.

* CharterCommunications Inc. is pursuing plans to offer a wireless service via a mobile virtualnetwork operator agreement with Verizon Communications Inc., executives from bothcompanies confirmedseparately at an industry conference. Speaking at an , Charter President and CEO TomRutledge said the company's wireless plans will include both Verizon's networkand Wi-Fi.

Technology

* Apple executives are looking at sites in South Korea wherethe tech giant could set up its first retail store, The Wall Street Journal reports,citing sources familiar with the details. The sites include a location nearSamsung Electronics Co.'s three-story global flagship store in Seoul's Gangnamneighborhood, the sources said, adding that it could take Apple about a year toopen a store.

Film & TVProgramming

* Lions GateEntertainment Corp. suspended its quarterly cash dividend as itwaits to close its merger with Starz, the company said. The news comes as Starz in principle to extend itsaffiliation agreements with DIRECTV and AT&T Inc., while Lions Gate also inked a newmultiyear agreement for transactional video on-demand, pay-per-view andelectronic-sell-through with DIRECTV and AT&T.

* In more AT&T news, the company continued distribution ofScripps Networks InteractiveInc. channels for DIRECTV and AT&T U-verse customers. Themultiyear, multiplatform agreement also includes digital rights for the DIRECTVNOW and DIRECTV Freeview streaming services when they launch later in 2016, thecompany said.

Internet & OTT

* DIRECTV Now, AT&T's upcoming over-the-top streamingvideo service, willtransition into a primary video platform in a period of three to five years,Bloomberg News reports,citing sources. Set to be introduced by the end of 2016, the new streamingservice will reportedly carry more than 100 channels, and is expected to targetabout 20 million households without a cable or a satellite service.

The day ahead

Early morning futures indicators pointed to a lower openingfor the U.S. market.

In Asia, the Hang Seng dropped 0.31% to 23,686.48, and theNikkei 225 fell 0.32% to 16,754.02.

In Europe, around midday, the FTSE 100 was up 1.06% to6,903.52, while the Euronext 100 was down 0.41% to 886.84.

On the macro front

The PMI Manufacturing Index Flash and the Atlanta FedBusiness Inflation Expectations report are due out today.

Featured news

The Daily DoseEurope: Vodafone invests $7.2B in Indian unit; Deutsche Telekom to restructureGerman operations: Vodafone Group Plc is investing $7.2 billion in itsIndian subsidiary prior to the upcoming spectrum auction in the country, whileDeutsche Telekom AGmade two appointments under a reorganization that seeks to merge the differentservice units of its German operations.

The Daily DoseAsia-Pacific: Sony, Wanda near film alliance; Vodafone pours $7B into Indianops: Sony PicturesEntertainment is reportedly in final discussions with for a financing and marketing partnership spanning multiple films, whileVodafone Group is investing $7.2 billion in its Indian unit ahead of thatcountry's spectrum auction.

Data Dispatch:Omega's Cooperman known for vocal, hands-on approach: Within SNL'scoverage universe, the billionaire manager has placed the largest portion ofOmega Advisors' investments in the specialty lending business.

Data Dispatch:Thinking outside the box office: Pratt, Washington hope to herd unrulyaudiences: Columbia Pictures hopes that two superstars and aclassic tale can provide some balance in a challenging box office season.

The Mediator:Political ad spending on TV stations may decline from earlierprojections: With a pair of station groups having withdrawn theirguidance for the year and spending from the Trump campaign yet to materializein a significant way, projections calling for stations to realize $3.3 billionin advertising from the political arena in 2016 are being revised downward.

Hires andFires: European Media & Comm moves through Sept. 21: Bouygues Telecom, SFR,BBC: S&P Global Market Intelligence presents a biweekly rundownof executive and board changes in the European media and communicationsindustries.

Hires andFires: US Media & Comm management moves through Sept. 21: Facebook,Microsoft, NBCU: S&P Global Market Intelligence presents aweekly rundown of executive changes in the media and communications industries.

The ProgramGuide: Debut of Bryan Fuller's 'Star Trek: Discovery' gets delayed; Amazonreveals debut date for 'The Grand Tour': S&P Global MarketIntelligence presents a roundup of recent programming announcements fromvarious networks and online video platforms, including the return of 's"The Meltdown with Jonah and Kumail" on Sept. 27 and the cancellationof "Roadies" on Showtime (US) after its first season.

The e-commRecon: Wal-Mart's $3B Jet.com deal and retailers' 'omnichannel'challenge: The nation's largest brick-and-mortar retailers arelooking to e-commerce to help prop up in-store sales, but competing with at its own gamehas proven a challenge.

Featured research

Economics of Networks: The bull and bear arguments for the cablenetwork industry: Both 2015 and 2016 have been extremely volatileyears in the cable network sector, once considered a bastion in the media worldas it's performed well through the last three recessions.

Technology:Worldwide PC revenue declining quickly: SNL Kagan has seen a sharpdecline in PC shipments worldwide as consumers and businesses continue to delayupgrading.

Economics ofNetworks: Scripps Networks Interactive execs still bullish on Travel Channelpotential: ScrippsNetworks Interactive Inc. has been one of the strongest independentcable network players. Although it faces the sector's cord-cutting/shavingchallenges, it has done a good job of getting carriage on new VSP platforms andexpanding overseas.

Economics ofNetworks: Scouting report: YES Network strong in Yankees championshipdrought: We begin our scouting report series on RSNs with in thenation's largest media market, New York.

GlobalMultichannel: IBC 2016 conference: Maturing digital plays typify operator shiftin mindset: Pay TV operators are finally coming to grips withdisruptive digital services as a critical testing ground for more engagingcontent experiences.